How Chainlink reacts to macro news
LINK moves 2.8× a normal hour after FOMC; 42% of releases give it a top-10% hour.
Chainlink has data for 852 scheduled macro releases across 10 event types. The biggest typical +1h move (median size, either direction) came after US Consumer Price Index (CPI) (±1.54%, 2.1× a normal hour), the smallest after Bank of England rate decision (±0.43%, 0.8× a normal hour).
Next release that moves LINK: FOMC rate decision,
Every event, ranked by how much it moves LINK
Ranked by the move multiple: the median move after a release vs a matched normal hour. "Top-10%" is how often a release gives a move bigger than 90% of normal ones (10% would be no different from normal). Impact is the event's site-wide rating (see methodology). Typical move sizes by window follow (median absolute move, either direction). Click a column to sort; click an event for every release.
| Event | × normal | Top-10% | Impact | +5m | +1h | +4h | +24h | % up +1h | n |
|---|---|---|---|---|---|---|---|---|---|
| FOMC rate decision | 2.8× | 42% | High | 0.67% | 1.09% | 2.23% | 5.06% | 75% | 48 |
| US Consumer Price Index (CPI) | 2.1× | 30% | High | 0.84% | 1.54% | 2.07% | 2.70% | 58% | 71 |
| US Nonfarm Payrolls (NFP) | 1.4× | 20% | High | 0.50% | 0.78% | 1.47% | 2.69% | 48% | 71 |
| US Producer Price Index (PPI) | 1.4× | 6% | Medium | 0.40% | 0.68% | 1.68% | 3.27% | 56% | 71 |
| US retail sales | 1.2× | 17% | Low | 0.27% | 0.61% | 1.30% | 3.01% | 54% | 70 |
| US GDP (advance estimate) | 1.1× | 8% | Medium | 0.28% | 0.54% | 1.26% | 2.76% | 46% | 24 |
| US initial jobless claims | 1.1× | 8% | Low | 0.28% | 0.52% | 1.49% | 3.14% | 42% | 307 |
| US PCE inflation (Personal Income and Outlays) | 1.1× | 16% | Medium | 0.32% | 0.54% | 1.75% | 2.47% | 46% | 70 |
| UK Consumer Price Index (CPI) | 1.0× | 11% | Low | 0.10% | 0.49% | 1.02% | 2.60% | 50% | 72 |
| Bank of England rate decision | 0.8× | 12% | Low | 0.23% | 0.43% | 1.65% | 2.51% | 46% | 48 |
Past releases, not a forecast. Typical sizes hide big differences between individual releases; open an event to see them all.
Recaps where LINK moved most
Event recaps ranked by the size of LINK's first-hour move. All event recaps →
- US CPI · 13 Sep 2022 -7.70%
- US CPI · 10 Aug 2022 +7.13%
- US CPI · 10 Jun 2022 -6.20%
- FOMC · 15 Jun 2022 +6.06%
- US CPI · 13 Jul 2022 -5.69%